Kevin Lee, a professional mixed martial arts fighter, states that Bitcoin (BTC) is the main factor in deciding to sign a new promotion company.
Russia-based Eagle Fighting Championships will pay Lee at BTC as part of a four-match contract, according to a report from MMA news agency BJ Penn. The fighter was reportedly a HOD Ler before the 2017 Bull Run to take advantage of some of the profits after paying for knee surgery.
“It was huge in the decision to be paid in Bitcoin and not give me any pushback against it. [to sign with Eagle FC]”Lee said. “It gives me more financial security and helps me fight better.”
— Kevin MTP Lee (@MoTownPhenom) December 15, 2021
Payments for Eagle FC haven’t been revealed, but Lee has previously earned as much as $ 280,000 in the UFC’s fight against Tony Ferguson. In an interview on December 17, Lee suggested that Eagle FC would pay more than he paid during his contract with the Ultimate Fighting Championship (UFC). This means that you may incur payments of 5.86 BTC or more at the current price.
Lee, also known as Motown Phenom, has been suspended for the last six months and fined after a positive test for Adderall. He was later released from his UFC contract before Eagle FC tried to add him to their roster — his first fight with the company is expected to face Diego Sanchez on March 11. increase.
The UFC has explored the benefits of digital assets through partnerships with crypto and blockchain companies. In July, the organization signed a $ 175 million deal with Crypto.com over the next decade. The agreement eventually released a UFC-licensed non-fungible token. In addition, the Fighting Championship has previously partnered with the blockchain rewards app Socios and the tokenization platform Chiliz to release fan tokens.
Related: How Crypto Shakes the World of Mixed Martial Arts
Since Jon Fitch became the first Bitcoin-paid profiler in 2015, individual MMA fighters have shown an interest in BTC and other tokens. Last year, former UFC Litecoin champion Eddie Alvarez said he bought BTC, and Ben Askren promoted Litecoin (LTC), supporting half of the latest BTC.